There’s nothing like the thrill of a good game. It doesn’t matter the sport: football, soccer, basketball, tennis, and so on– if the game is close and the stakes are high, there’s nothing like the thrill that can come from watching along. It’s a practice that has grown in popularity greatly over the past couple of years.
Betting on sports is a great way to increase the thrill of a game and make a good bit of money at the same time. If you’re new to the idea of sports gambling, you might be a little nervous about sticking your foot in the mix for the first time.
What do you need to know about how to bet on sports? What tips and tricks should you internalize before putting your money on the table? Read on and we’ll walk you through what you need to know.
Table of Contents
1. There Are No Sure Things
People like to talk about sports with a lot of confidence. They talk of games like they already know the outcome, that there isn’t even a question or doubt in the air about what the final score might end up being.
However, don’t fall into this trap yourself. Repeat after us: there are no sure things. No locks, nothing of the sort.
It doesn’t matter how great a team is doing or how poorly another is. You never know what is going to happen when two teams get on the field or court together. Even if something has a very high likelihood of happening, there is never a 100% chance.
The bottom line to this tip is to follow your own rules. We’re not suggesting you should always be putting your money on the underdog, as that’s also a good way to lose a lot of money over a short period of time. However, you might want to stop yourself from putting too much money on a ‘sure thing,’ as you might find out that just isn’t so.
Set your own rates, trust your own gut, and don’t listen to others that say they know what is or isn’t going to happen out there.
2. Don’t Chase Your Losses
This is a good tip for all forms of gambling, not just sports betting. It’s also one you’ve likely already heard before. However, it does bear repeating.
It’s far too easy of a behavior to get into. Almost all who gamble feel the strong temptation to chase their losses in one way or another. When you’re in the actual moment itself, watching money slip away, you might be surprised at what you’ll do.
You need to keep a firm head on your shoulders if you don’t want to sink yourself deeper into a big problem. You need to remember that your career in sports betting, so to speak, is about money earned over time, not in a single session, day, or week.
Don’t up your bets mid-day to cover potential losses. Don’t throw money at a new game just so you can make up for the money you’ve lost on another. These kinds of quick, spontaneous, and loosely thought out plans rarely ever work out for the best.
The sooner you can reorient your brain to accepting losses and thinking in the long-term, the sooner you’ll be on your way to a true career in sports betting.
3. Know When Not to Bet
Novice sports betters are often eager and hungry. These are good traits to have, and no one is going to deny that a willingness to throw yourself into the deep end is essential to get started in gambling of any kind. Plus, you’re excited! You’ve got your hands on an easy way in, like using this promotional code, and you’re ready to place your bets and bask in eventual glory.
However, the mistake many first or second time betters make is to get over-eager. Let’s put it like this: not every game out there is going to be worth your bet. What a seasoned sports gambler knows is that some games have value and many that don’t.
Resist the urge as you get started to place a bet down on every single possible game on the slate. This is a great way to lose a lot of money very, very fast. Not every game is engineered or set up to make you money. At a certain point, you’re just letting randomness rule your experience, and that rarely if ever works out in someone’s favor.
Take a step back and do the less fun part of the gig: research. If you can determine which games offer you a chance to make a true chunk of change, go ahead and place your bets. Let those other games sit off to the side.
4. Don’t Be Swayed by Media Opinions
Most sports betters listen to a lot of media that covers sports. This makes sense as they’re interested in the subject and want the latest news on the teams and games that they follow.
However, if you listen to a lot of sports news, it’s easy to be swayed and get thrown off your game. The truth of the matter is a lot of sports reporting is worthless fluff. So-called experts will be brought in to predict the outcome of games but these people don’t know what’s going to happen any more than you do.
If you want to be successful in sports gambling, ignore the opinion-reporting and stick to the facts. Who’s injured, who’s on the field, what’s the latest on the team practices? The rest of the information could easily push you away from what was a great bet.
What to Know Before Betting on Sports
Gambling can be a great deal of fun and a fantastic way to make money. If you’re considering betting on sports, there’s a lot to learn. Taking the above tips and tricks to heart can help you ensure that you won’t be bleeding money on the court by the end of your first few sessions.
Need more gambling advice? Keep scrolling our blog for more.